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Gold/Mining/Energy : denison mines -- Ignore unavailable to you. Want to Upgrade?


To: Lalit Jain who wrote (147)2/20/1998 11:59:00 AM
From: Lalit Jain  Respond to of 301
 
Denison Top-Pick Recommendation

Denison Mines Ltd DEN
Shares issued 317,871,201 Feb 19 close $0.32
Fri 20 Feb 98 In the News
Buy & Sell columnist Sonita Horvitch says in the Friday edition of the
Financial Post that Denison Mines is one of the top stock picks of Malvin
Spooner, v-p of Toronto-based YMG Capital Management. Ms Horvitch notes the
stock, recently $0.33, has a 52-week range of $0.49 to $0.30. Mr Spooner
likes the stock for more aggressive investors, as a potential turnaround.
He says it has valuable tax losses on its book and a world class uranium
mine under development. Overall, Mr Spooner says this is shaping up to be a
banner year for Canadian stocks. He says that earnings are surprising
analysts, especially in the cyclical sectors which were battered down so
badly last year. His optimism on the outlook for the Toronto Stock Exchange
300 composite index for the rest of the year is based on his call that
interest rates will remain modest and Canadian consumer confidence will
continue to grow.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com